Nuclear Update Premium January 3, 2026

2025 is over and the Santa rally failed. Heading into 2026, the macro setup is bullish long-term, but choppy in the short term, with sentiment still a little fragile after the year-end close. In uranium, the long-term price just hit a 17-year high, SPUT is buying again, and policy is telling you the U.S. is willing to bend rules to rebuild the domestic fuel chain.

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